Category: loft neighborhoods east villag

dramatically different dynamics result in regressionWhen the duplex Manhattan loft with private roof deck #PH-C at 808 Broadway sold on October 1, 2007 it was the belle of its ball, sparking a bidding war to close at $1,987,000, a 5%…

if you build it …The petite Manhattan loft #307 at 39 East 12 Street (University Mews) traded four years ago as a build-your-dream loft for $850,000 then again (dream realized!) on May 10 at $1.25mm. I suspect that the dream…

if you build it (up), they will comeOffhand, I can’t recall a more bullish Manhattan loft resale than that of #6B at 111 Fourth Avenue, which closed on April 7 at $750,000 after having been purchased on October 27, 2007…

is the (missing) 2nd bathroom so valuable?I am having some trouble with the last two sales in the Manhattan loft building at 48 East 13 Street. The “2,250 sq ft” #9B sold on October 27 for $2.85mm, but the “1,500…

what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…

Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67…

probably $400,000 (but let’s see the math)When the Manhattan loft on the top of 211 East 2nd Street sold on March 15 at $2,122,500 (the last 6th floor / penthouse listing is here, but the prior one with surviving pictures…

a warm welcome for another poster child, please!When the Manhattan loft #711 at 67 East 11 Street (the Cast Iron Building) sold on March 17 for $760,000 to earned Manhattan Loft Guy poster child status, with a caption “into (and…

do my questions suggest I am getting dumber?I can’t say that I really enjoy taking note of things that happen in the Manhattan real estate market that I don’t understand, but they do interest me. I hit one such interesting…

selling design to a designer, dearlyThe Manhattan loft on the 3rd floor at 79 East 2 Street got a lot of press last week because of the celebrity buyer and celebrity seller, as well as because of the spread the…

About the guy at Manhattan Loft Guy

Sandy Mattingly has been Manhattan Loft Guy since March 2006. The Guy thinks out loud in real time on The Blog about the loft niche in the Manhattan residential real estate market, often via a post about a specific loft that recently sold, how the transaction fits into market trends, what is interesting (weird!) about the loft, and how that sale fits into past sales in the building. Perhaps the most unusual resource is unique to Manhattan Loft Guy: a Master List of downtown Manhattan lofts that have sold since November 2008 from $500,000 to $5,000,000. Now a Licensed Associate RE Broker with The Corcoran Group (as “Charles M. Mattingly” at 524 Broadway, NY, NY 10012), the content, opinions, errors (real-time blogging is sometimes not pretty), and snark are all his (scroll down for the disclaimer).

Of course, The Guy’s day job is helping buyers and sellers one-to-one and he can be reached most easily at Sandy.Mattingly@corcoran.com, Sandy@ManhattanLoftGuy.com or 917.902.2491, and followed on Twitter and FaceBook (see buttons, coming, above). In real life, he’s bought and lived in lofts in developing Manhattan residential areas going back to “Tribeca” in 1981 (back in the day, indeed) and believes in service. He’s been on the board and head of the parents association of one of the largest NYC private schools, chair of the pastoral council of his Chelsea parish, and lay trustee of that parish; currently he sits on the board of a 501(c)(3) social outreach mission, serves on the alumni council of his alma mater, and is proud to be a kidney donor (you can’t take it with you: see donation information here).

The Corcoran Disclaimer: “Equal Housing Opportunity. This website is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any property or services offered for sale on this website shall not be considered an offer to sell such goods or services in any state other New York.”